Colorado 2024 Minimum Wage Update. Colorado’s measure, which faced a 55% threshold, passed with 60.9% approval. Denver, for example, has a minimum wage of $18.29 an hour above colorado's required $14.42.
Your suta tax payment = (tax rate) x (employee wages), but only up. The 2024 colorado state minimum wage will be $13.65 per hour, with a tipped employee minimum wage of $10.63.
